USDCAD: Long Setup, Aiming for 1.3

USDCAD: Long Setup, Aiming for 1.3

5 May 2016, 15:43

"We closed our last short position at 1.2480 as initially planned in we are currently flat on this pair.

We will look for an impulsive move above 1.2700 to consider a "maybe" temporarily bottom." - USDCAD: Liquidated Shorts - No Sign of Reversal Yet!

USDCAD Bottomed and We Missed a Huge run, however if this is the first sign of the bottoming, we will be presented other buying opportunities in order for our (B) target to be met.

It is important that USDCAD does not ...Read More

Share it with friends: